---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-000812"
form_type: "8-K"
ticker: "SFCX"
cik: "0001624985"
company_name: "SUPA Consolidated Inc."
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:55:46.553549+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CEO sells 50% stake to Spark Capital; Grimes, board, CTO resign

## Summary
- CEO Joseph Grimes sold 20M shares (~50% of outstanding) to Spark Capital Investments, LLC on Feb 3, 2025.
- Grimes resigned as CEO effective Feb 3, 2025.
- On Feb 6, 2025, Grimes, Sanjay Prasad, and Steven Ritacco resigned from the board.
- Ritacco also resigned as Chief Technology Officer.
- No successor appointments announced; control of company transferred to Spark Capital.

## SEC filing metadata
- accession: 0001683168-25-000812
- form_type: 8-K
- ticker: SFCX
- cik: 0001624985
- company_name: SUPA Consolidated Inc.
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/tribal_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-000812
- JSON: https://secwatch.observer/filing/0001683168-25-000812.json
- Plain text: https://secwatch.observer/filing/0001683168-25-000812.txt

## Key facts
- Executive change
  Steven Ritacco resigned as Chief Technology Officer at SUPA Consolidated Inc..
  - Action: resigned
  - Role: Chief Technology Officer
  source text: Mr. Ritacco also resigned as Chief Technology Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- Executive change
  Sanjay Prasad resigned as Director at SUPA Consolidated Inc..
  - Action: resigned
  - Role: Director
  source text: On February 6, 2025, Mr. Joseph Grimes, Mr. Sanjay Prasad and Mr. Steven Ritacco, each resigned from the Board of Directors of TRIBAL RIDES INTERNATIONAL CORP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- Executive change
  Joseph Grimes resigned as Director at SUPA Consolidated Inc..
  - Action: resigned
  - Role: Director
  source text: On February 6, 2025, Mr. Joseph Grimes, Mr. Sanjay Prasad and Mr. Steven Ritacco, each resigned from the Board of Directors of TRIBAL RIDES INTERNATIONAL CORP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- Executive change
  Joseph Grimes resigned as Chief Executive Officer at SUPA Consolidated Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: In connection with the Transaction Mr. Grimes also resigned as Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- Executive change
  Steven Ritacco resigned as Director at SUPA Consolidated Inc..
  - Action: resigned
  - Role: Director
  source text: On February 6, 2025, Mr. Joseph Grimes, Mr. Sanjay Prasad and Mr. Steven Ritacco, each resigned from the Board of Directors of TRIBAL RIDES INTERNATIONAL CORP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm
- M&A Transactions
  SUPA Consolidated Inc. underwent a change of control involving Spark Capital Investments, LLC (closed 2025-02-03).
  - Action: change of control
  - Counterparty: Spark Capital Investments, LLC
  - Closing: 2025-02-03
  source text: On February 3, 2025, Mr. Joseph Grimes, Chief Executive Officer and Board Member effected a transaction (the “Transaction”) in which Mr. Grimes sold 20,000,000 shares of stock of TRIBAL RIDES INTERNATIONAL CORP., 26060 Acero, Mission Viejo, CA, 92691, a Nevada Corporation (the "Company"), representing approximately 50% of all issued and outstanding shares of the Company, to Spark Capital Investments, LLC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624985/000168316825000812/0001683168-25-000812-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.